Revisit Your Investment Portfolio For Retirement

Friday, August 21, 2009, 6:20 AM | 1 Comment

Revisit your investment portfolio for your retirement and make sure it provides enough income to maintain your lifestyle, has liquidity in case of an emergency or unexpected setback, and offers long-term growth potential to help offset inflation and build assets for the future.

Such a portfolio includes the following key components:

Guaranteed income

These sources will help cover your most important retirement expenses, such as housing and food costs.

Growth

Your retirement may last 30 years or longer. As time passes, you’ll need to withdraw more from your savings to keep up with inflation – so you need a portion of your portfolio invested for growth.

Flexibility

It’s important to have money available in case you encounter a major expense, such as a medical issue or the cost of a new roof.

Principal preservation

Holding a portion of your savings in CDs, Treasury bonds, or fixed annuities may help protect some of your nest egg from losses.

In a Nutshell
If Social Security is your only source of guaranteed income and it’s not enough to cover necessary expenses, you might consider an income annuity. If you have a large nest egg and don’t expect a long retirement, you might emphasize principal protection over growth.

Throw us a like at Facebook.com/doable.finance


  1. One Response to “Revisit Your Investment Portfolio For Retirement”

  2. By north africa on Oct 2, 2013, 8:48 pm | Reply

    If some one desires expert view about blogging and site-building after that i suggest him/her to visit this website, Keep up the pleasant work.

Post a Comment on Content of the Article

 

This is not a billboard for your advertisement. Make comments on the content else your comments would be deleted promptly.

CommentLuv badge